A

PROJECT REPORT
ON
LABOUR WELFARE &
SOCIAL SECURITY
IN
MADHAV METAL COMPANY
JALANDHAR

Submitted To Guru Nanak Dev

University
For the fulfillment of the degree of
Bachelor Of
Commerce –III [Professional]

(Session 2009-10)

Submitted To- Submitted By-

Prof. Manish Khanna, Shubham Gupta,
P.G. Deptt. of Commerce B.Com. (Prof.)-III
& Business Management College Roll No.7218

D.A.V COLLEGE
JALANDHAR
CERTIFICATE

This is to certify that the project report entitled

“LABOUR WELFARE & SOCIAL SECURITY IN
“MADHAV METAL COMPANY” is a bonafide research of
Shubham Gupta conducted by his at D.A.V College, Jalandhar
under my guidance and supervision to fulfill the requirements
of “Degree of Bachelor in B.COM (PROFESSIONAL) 3rd Year.

Date: Guide:
Place: Prof. Manish Khanna
(Lecturer)
P.G. Department of
Commerce and
Business Management
D.A.V College,
Jalandhar
 PREFACE

As per the direction of our course structure, we the students

of B.Com (Prof.)-III have to undergo Summer Training for
the period of 6 weeks with the different commercial
enterprises of the country. I have undergone training in
MADHAV METAL COMPANY works I have project on
labour welfare in MADHAV METAL COMPANY..
This report is a record of the training. The
objective of the project is to know about the welfare
activities prevailed in the firm which reflects the social
responsibility of firm, a desire for upholding democratic
values and concern for employees. It is being realized that
modern business cannot be run successfully and efficiently
unless it is managed professionally and understand the basic
principles of retaining the efficient and skilled labour in
order to meet the development activities of the firm.
 ACKNOWLEDGEMENT

It is with great pleasure to express my gratitude and to

thank all those who were the source of inspiration and
helped me in designing and developing the said project. I
feel extremely pleased to avail the opportunity of expressing
my heartiest and since thanks to the mgt. of MADHAV
METAL COMPANY..
I also wish to express my, sincere appreciation and
gratitude to Mr. Naresh Gupta (Chair Person) who allowed
me to have an opportunity to get training in the organization
and for his valuation help.
But I deeply indebted to Mr. Poornima Gupta (Vice
Chair Person), Mr. B.N Gupta (Director) who provided the
necessary data and information about functioning of the
organization.
Above all I am greatly thankfully to Prof. Manish
Khanna (Lecturer in D.A.V College) for her guidance about
preparing the report and providing the moral support.

Shubham Gupta.
 STUDENT DECLARATION

This is to certify that I, Shubham Gupta of B.com. (Prof.)-III of D.A.V

College, Jalandhar has undergone Summer Training at MADHAV
METAL COMPANY , Jalandhar and has prepared the Project
Report entitled "Labour Welfare & Social Security". This is an
original & purely authentic work.

Date: Shubham Gupta

B.Com. (Prof.)-III
Roll No 7218
 CONTENTS

Chapter I
- Company Profile: -MADHAV METAL
COMPANY.

Chapter – II
- Research Methodology

Chapter –III
- An Introduction to Labour Welfare & Social
Security

Chapter – IV
- Labour welfare in MADHAV METAL
COMPANY.

Chapter – V
- Analysis of the study

Chapter – VI

- Findings & Suggestion

Questionnaire
Bibliography
 RESEARCH METHODOLOGY

Objectives of the study

The main objective of the study is to analyze and critically examine

welfare facilities and social securities provided by MADHAV
METAL COMPANY.

The following are the other objectives of study.

1. To study employers viewpoint about providing

welfare & social security to the employees of the
organization.
2. To know the various steps undertaken by the
organization in this regards.
3. To study the awareness of the workers towards
welfare measures and social security.
4. To study employee’s satisfaction level about the
existing welfare measures.
5. To study the impact of welfare and the safety
measures on the overall efficiency (physical, mental,
moral and psychological health) of the employees.
 METHODOLOGY
It includes the source of data and technique of sampling used for
collection of facts under the study: ~

Selection of company MADHAV METAL COMPANY. is

selected for the purpose of study.

Sources of data The data collected for study is primary as

well as secondary in nature. The facts have
been collected through questionnaire and also
from the record books, official records,
journal and magazine etc.

Sampling technique I have used convenience technique of

sampling for my study work. The method of
sampling is random sampling.

Sample size I have taken sample of 50 employees. Sample

includes personnel manager and two
supervisors of production department.

Interview with welfare

Officer At last I met with welfare officer who told me
about all the facilities like medical, housing,
clothing, education and other schemes such
as pension, gratuity and provident fund etc.

LIMITATION OF STUDY

In an attempt to make this project authentic & reliable, every

possible aspect of the topic was kept in mid. Nevertheless,
despite of this act constraints were at play during the
formulation of this project. The main limitations as under:
1. Parity of time could not allow an exhaustive &
detailed study & vast knowledge could not be
included in the project report.
2. The workers of biased response can be eliminated
through all necessary steps were taka to avoid the
same.
3. Due to limitation of time only a few workers were
selected for study.
4. For the completion of this report when I
conducted the interview with the workers, I notice
that some workers are enabling to understand the
technical question & arise a difficulty in
understanding language because some of them
belong to different state.
 5. Illiterate workers have also created a problem in
completion, as they did not understand correctly so
they do not respond.

CONCEPTUAL FRAMEWORK

Introduction to labour welfare & social security

Dictionary meaning of welfare is exemption from calamity or

enjoyment of health or prosperity. In other words welfare means
people’s health, happiness or comfort.
According to international labour organization
“Workers welfare should be understood as
meaning such services, facilities and
amenities which may be established in, or in
vicinity of, an undertaking to enable the
persons employed there to perform their work
in healthy congenial surrounding and
provides all voluntary acts by employer
aimed at improvement and betterment of
workers social moral and social economic
and intellectual conditions.”

According to Royal commission of labour,

“The term welfare, as applied to the industrial worker,
is one which most necessarily is elastic, bearing some
 what different interpretations in the degree of
industrialization of workers.”

Having discussed the meaning of labour welfare we come to know

what labour welfare is But now, the question, which arises in mind, is
that, who is responsible for labour welfare? Whose moral obligation is
to promote labour welfare? Answer of this question is, duty of
employer to look after it. Satisfied worker is an asset he makes no loss
of man-hours, by absenteeism, strikes and by slow tactics etc. Besides
he feels a sense of belongingness to the organization in which he
works. Every employer should provide medical benefits, pension,
bonus, incentives etc. It is not the responsibility of industrialist to
produce labour welfare but also duty of welfare state and government
should strictly enforce the benefits provided by law. It should also
prevent any exploitation of women workers and any abuse of children.
In all progressive countries the workers have their trade unions, which
look after anything done for the intellectual, physical, moral and
economic and safeguard and promote the interests of workers,
Protection of children and safeguard and promote the interests of
workers. Protection of children and women is a major issue. Young
person who is 14 years old should not be allowed or required to work
for more than 5 hours a day. He also earns leave with wages at the rate
of one day for 15 days work. A young person cannot be employed in
cleaning, oiling and repairing job as well as in hazardous occupations.
He is not allowed to work during night. Special provisions for women
workers should also be made. The factories Act.1948 provides for
separate toilet, washing and resting facilities for them. It prohibits their
employment during night and hazardous occupation. It makes special
safety provision by disallowing them to clean oil, repair-moving
machinery. So every company should always make preventive
measures for the safety and betterment of all the workers working in
the organization.

STATUTORY AND NON STATUTORY

LABOUR WELFARE FACILITIES

Statutory facilities are those, which are provided by law. There are
compulsory facilities. Every concern has to make arrangement of such
facilities so that worker can do the work without problem. These
facilities are important for every organization for improving health and
for providing safety to the worker. Some of the important health,
welfare and safety provisions are given under factories act 1948. Some
important facilities are:

o Cleanliness
o Drinking water
o Proper lighting
o Bath rooms facility
o Medical facility
o Shelter, restroom and lunch rooms
o Washing facilities
o Crèches
 o Disposal of waste and effluents
o Spittoons

NON STATUTORY FACILITIES

Non-statutory facilities are those facilities, which are not prescribed by

law. These facilities are provided by the management to the workers
for avoiding labour turnover and absenteeism and for giving maximum
satisfaction & job security to them some of the non-Statutory facilities
are as follow:

o Conveyance facility
o Education facility
o Housing facility
o Loan and advance facility
o House rent allowance (H.R.A)
o Leave travel allowance (L.T.A)
o Recreation facilities
 SOCIAL SECURITY

Social security is one of the fundamental needs of the day. Freedom

and security against economic risk is the minimum that must be
secured in underdeveloped economies as early as possible.
In the view of International labour organization. “Social
security is that security which a society furnishes through appropriate
organization against certain risk to which its members are exposed”.

It is a collective name for those measures, which a society has

Provided to meet such contingencies. The earning power of the
workers may be affected by sickness, maternity, invalidity,
employment injury, old age and death. It is not possible for workmen
individually to make adequate provisions against these risks. Therefore,
the benefits of social security are admissible to all.

Some important schemes for the security of the workers are as follows:
 Employee’s state insurance Act, 1948
Under this act, all persons employed for wages or in
connection with the work of a factory or establishment are entitled to
disablement benefit provided their remuneration does not exceeds
Rs. 3000/- per month.

The employee’s provident funds and miscellaneous provisions act,

1952

The object of this act is to provide for the institution of provident funds
and family pension and deposit linked insurance schemes for
employees in factories and other establishments.

The payment of gratuity Act, 1972

Gratuity is a kind of retirement benefits like provident fund or pension.

The payment of gratuity is dependent on fulfillment of certain
conditions prescribed in the act. It is to be calculated at the rate 15 days
salary for every completed year of service, subject to maximum of
Rs.350000/-.

The payment of bonus Act, 1965

The object of the act is to provide for the payment of bonus to persons
employed in certain establishment and for matters connected there
with.
 The employee’s family pension scheme

This scheme was introduced first from 1 march 1971 by diverting a

portion of employee’s contribution to the employee’s provident fund
with an additional contribution by the central government.

WORKERS SAFETY

Factories act 1948 contains provisions to ensure safety measures and

promote the health and welfare in factories. It also provides for the
appointment of safety officers in notified factories and in factories
engaged in operation involving risk of bodily injury, poisoning or
disease. The directorate general, factory advice service and labour
institute, Bombay functions as an integral body to advise government,
industry and other interests concerned with matters relating to safety,
health and welfare of industrial workers.

(1.) National safety council The national safety council was set
up in 1966 to promote safety measures to prevent accidents,
minimize dangers and mitigate human sufferings to conduct
 programme, lecturer and conferences on safety. National
safety day is celebrated every year throughout the, country to
mark the foundation day of the national safety council.

(2.) National safety awards: To give recognition to good safety

performance the award scheme was instituted for factories
registered under the factories act1971.

EFFECT OF LABOUR WELFARE AND

SOCIAL SECURITY

Effect of labour welfare and social security may be summarized &

illustrate with the help of following diagram.
 Job Satisfaction

Efficiency & Reduction of labour

Capability turnover and
absenteeism

Co-operative
relationship Labour Welfare & Social Prevention from bad
Security habits

Increase in
Production
Increase in
Motivation

Fulfillment of family
needs

LABOUR WELFARE FACILITIES

PROVIDED BY
MADHAV MATAL COMPANY
Two important factors have potential to affect the
performance of a job: provision of appropriate working
conditions and the physical environment of work. So, as my
study relates to Labour Welfare in MADHAV MATAL
COMPANY, we will study the work environment prevailing
 there. It includes the data collected by me from the factory
of MADHAV METAL COMPANY. and my own observation
regarding the working of Labour Welfare Measures.
MADHAV METAL COMPANY, Jalandhar is covered under
Factories Act, 1948. The act makes detailed provisions in
regard to various matters relating to health, safety and
welfare of workers. So, discussion will take into account
research generalization with going into details of
methodology.
It can be categorized this information in following terms:

A. Working Measures Regarding Health:

The Act provides detailed instruction on the health of
workers as efficient working process requires the sound
health of the person engaged therein. Various measures, as
required by the act, being provided in the factory are as
follows:

1. Cleanliness (Section 11): In MADHAV METAL

COMPANY., various aspects of cleanliness are considered.
Firm is kept clean and free from effluvia arising from any
drain, privy or the nuisance. Floor is swept daily and washed
with disinfectants once in a week. All inside walls and
partitions, ceilings, sides and tops of passages and staircase
are suitably cleaned and repainted periodically. Premises of
factory are very clean and are free from any kind of smell.
 And moreover, workers are satisfied with cleanliness in the
factory premises.

2. Disposal of Wastes and Effluents (Section 12): Effective

arrangements are made in the factory for the maintenance of
proper drainage and washing water. And proper
arrangements have also been made for the treatment of
wastes. Turning cast iron is resold and Turning Brass is
reused and remolded.

3. Ventilation (Section 13): To provide adequate ventilation

and fresh air is very essential for any factory. And in
MADHAV METAL COMPANY, proper arrangements have
been made for ventilation by the circulation of fresh air.
Sufficient no. of ventilators has been provided in the work
shops. And most of the workers are satisfied with ventilation
facility of the factory.

4. Dust and Fume (Section 14): In any factory where dust or

fume is given off in any manufacturing process, effective
measures must be taken to prevent the inhalation of dust or
fume. An exhaust appliance which may be necessary shall be
applied. And in MADHAV METAL COMPANY., pollution
control devices have been applied under Pollution Control
 Board.

5. Overcrowding (Section 16): It provides that there must not

be overcrowding in any room of the factory so as to cause
injury to health of the workers. It requires a minimum of
14.2 cubic meters of space per worker for factories built
after the commencement of Act and 9.9 Cubic meters for the
factories built before the commencement of act. In
MADHAV METAL COMPANY., there is no problem of
overcrowding. Proper and enough space have been provided
to the workers in every department. In fact, they have extra
space to appoint more workers.

6. Lighting (Section 17): Every part of-factory should be

provided with sufficient and suitable light, natural or
artificial or both. As the daylight is best illumination for
work. And in the absence of it, artificial light is used. In
MADHAV METAL COMPANY., proper arrangements for
both natural as well as artificial lights are made. And
workers are satisfied with the lighting facility.

7. Drinking Water (Section 18): In MADHAV METAL

COMPANY, arrangements are made to provide and maintain
sufficient supply of water at suitable places. And water is
clean and cool during summer. So workers are satisfied with
the water arrangements.
8. Latrines & Urinals (Section 19): It requires adequately
lighted and ventilated latrines and urinals. In MADHAV
METAL COMPANY, there are separate toilets for males and
females which are clean, well lighted, ventilated and in
sanitary condition. Most of workers are satisfied with this
provision.

9. Spittoons (Section 20): There shall be provided a sufficient

no. of Spittoons at convenient places and should be
maintained in clean and hygienic condition.
In MADHAV METAL COMPANY, workers are
prohibited to chew any type of pan or pan masala etc. when
they are at work. So, instead of spittoons only dustbins have
been kept in the factory which are kept clean.

B. Working of Safety Measures:

Factory Act, 1948, provides 20 different sections on

obligatory safety measures. Safety is the basic requirement
of any firm. And it contains not only safety from external or
outsiders but also from internal environment. There are
 certain provisions relating to safety of the workers. Some of
them are as follows:

1. Fencing of Machinery (Section 21): In every factory, every

dangerous part of any machinery shall be securely fenced by
safeguards of substantial construction which shall be
constantly maintained and kept in position while parts of
machinery are in motion or in or use.
In MADHAV METAL COMPANY, proper fencing has been
done in case of dangerous machinery and it is maintained
properly.

2. Work on or near machinery in. motion (Sec. 22): It

requires that examination, lubrication etc. of the machinery
while it is in motion. And it should be carried out only by
specially trained adult workers wearing tight fitting clothes
which are provided by the firm. Name and other information
related to worker is recorded in register prescribed in this
behalf. In MADHAV METAL COMPANY, this provision is
followed strictly and only males possessing requisite
certificate are allowed to adjust or examine any part of
machine in motion.

3. Employment of Young Persons on Dangerous Machines:

Under Section 23 of Act, only young and skilled person shall
be allowed to work at any dangerous machines. Old and
females are prohibited to operate such machines. But one
 shouldn't be allowed to work at any dangerous machine
unless (i) He has been fully instructed as to dangers arising
in the machine and precautions to be observed. (ii) He has
received sufficient training in work at machine.

In MADHAV METAL COMPANY, only trained persons are

appointed on the dangerous machines. Young persons are
given proper training before appointing them on these
machines.

4. Protection of Eyes: According to Sec.35, if any

manufacturing process carried on in any factory involves
risk of injury to eyes from particles or fragments thrown off
in the course of process, then such factories must provide
effective screens or suitable goggles to protect employed
persons.

In MADHAV METAL COMPANY, dark eye glasses and face

masks are provided to workers where necessary. They are
also provided with hand gloves where needed.

5. Precaution in case of Fire: Under Section 38, in every

factory, all practicable measures shall be taken to prevent
outbreak of fire and its spread, both internally and externally
and to provide and maintain.
(a) Safe means of escape for all person in, the event of a fire;
(b) Necessary equipment and facilities for extinguishing fire.
Workers should be familiar with the means of escape and
should be adequately trained.
In MADHAV METAL COMPANY, a no. of fire
extinguishers has been arranged in the office as well as in
workshop. Sand has also, been provided for this purpose. A
siren system' has also been set up to give warning in case of
fire. A no. of big gates has been provided in the workshop
and a1l of them are kept open during the working hours.

6. Maintenance of Buildings-: (Section 40A) In MADHAV

METAL COMPANY, proper arrangements have beep made
for maintaining buildings. Electricians have been appointed
and weekly checking is done by them. Any repair, when
required, is done in time. Proper maintenance staff is there
in the factory.

The management of MADHAV METAL COMPANY is

highly concerned about the safety of its employees.
Machines operated by the employees are regularly checked
and maintained by maintenance cell. These conscientious
efforts towards safety have fetched them State Safety Award
for Zero Accidents.
C. Working of Measures Regarding Welfare:

Management of MADHAV METAL COMPANY has realized

the need for adoption of welfare measures as a means to
increase the workers productivity and efficiency to keep up
their morale and for maintenance of industrial peace.
Proper uniforms are provided to the peons, watchmen
and security guards by management. Rain coats, umbrellas,
woolen clothes, blankets etc. are also provided to them.
Housing accommodation is also provided to watchmen and
security guards. Tea and biscuits are given to workers for
refreshment. The act obligates the organizations to provide
certain amenities such as: -

1. Washing Facilities: Under Sec. 42. In every factory

adequate, suitable and separate screened facilities for
washing shall be provided for the use of male and female
workers. Such facilities shall be easily accessible and shall
be kept clean.

On the visit of the factory it was observed that separate

bathrooms have been provided for male and female staff.
The wash basins are kept clean and well maintained.

2. Facilities for storing Clothing (sec. 43): In every factory

facilities must be provided for the storage of clothing not
 worn during working hours.
In MADHAV METAL COMPANY, no separate room has
been provided for storing the clothing not worn during the
working hours. The workers have to hang their clothes on
the hooks provided on the walls of the workshop.

3. Facilities for Sitting (sec. 44): In every factory where

workers are obliged to work in a standing position. Suitable
arrangements for-sitting should be made so that such
workers may take advantage of an opportunity for rest which
may occur in the course of their work. Where workers are
able to do their work efficiently in a sitting position, sitting
arrangements should be made.

In MADHAV METAL COMPANY, workers have been

provided with the stools where necessary. In winding section
the workers can do their work while sitting so they are
provided with the stools. But where they are to work in a
standing position they have not been provided with the
benches or stools etc.
4. First Aid Appliances: (sec. 45) The Act has made the
provision of first-aid appliances obligatory. Every factory
must have first-aid boxes or cupboards equipped with the
prescribed content so as to be readily accessible during all
working hours. It shall be kept in the charge of a separate
responsible person who holds certificate in first-aid
treatment and who shall be readily available daring the
working hours of the factory.

In MADHAV METAL COMPANY, a first-aid cupboard is

maintained in kept in the charge of a person having training
in first-aid treatment who is also a worker in the factory.
The factory has no ambulance but the staff car is used in
case of emergency as ambulance.

5. Canteen (sec. 46): Every factory employing more than 250

workers should maintain a canteen for the use of the
workers.
There is a good canteen in MADHAV METAL COMPANY.
The workers are provided with the food stuffs at subsidies
rates. They can have tea, coffee, snacks or even lunch or
dinner on order in the canteen. The canteen is fully
furnished and well maintained.
6. Shelters & Rest Rooms: (sec. 47) In every factory where
more than 150 workers are employed, adequate and suitable
shelter or rest rooms shall be provided and maintained.

In MADHAV METAL COMPANY, no such shelters or rest

rooms have been provided.

7. Library: MADHAV METAL COMPANY has no separate

room as library. But a number of newspapers, magazines-
business and political are provided by the management for
the workers. These newspapers are in English, Hindi and
Punjabi language. Most of the workers are satisfied with this
provision.

Extra-Mural Activities: It deals with service facilities

provided outside the factory. Extra-mural activities of
MADHAV METAL COMPANY are discussed as under:
(a) Housing accommodation: The factory has provided
housing accommodation to the watchmen and security guards
in the factory.
(b) Recreational facilities: According to the Factories Act,
1948, every factory has to provide a recreational room to the
workers.
The factory has not provided any recreational room for
the workers.
(c) Educational Facilities: Education is very essential to
improve the personality of the workers.
 The factory has no arrangement for the education of the
workers. There is no programme for adult education.

D. Working of Social Security Schemes:

The following social security schemes have been provided in

the factory.
(a) Provident Fund: The Employees Provident Funds and
Miscellaneous Provisions Act were passed in 1952. Various
changes have been made in the Act from time to time. At
present employer's contribution to the fund I has been fixed
@10% of wage and dearness allowance were number of
workers is less than 50 and @12% where number of workers
is 50 or more than 50. The employees have to contribute the
same amount. Employer's contribution is divided into two
parts 8.33% contribution goes to family pension fund and
balance (1.76% in case of 10% contribution) or (3.67% in
case of 12% contribution) goes to provident fund.
In MADHAV METAL COMPANY, provident fund
scheme is operating. Their rate of contribution is 12% of
wages and dearness allowance payable to employees.

Pension: For this the employee must have worked with

MADHAV METAL COMPANY for at least 10 years. It is
paid through Regional Provident fund office. Rs. 100 is
contributed by employee and also by the employer per month
for this provision.
(b)Employees State Insurance Scheme: The Employee State
Insurance Act was passed in 1948. It was amended from time
to time as needed. Under this Act, the employee's
contribution, at present, is fixed at 1.75% of wage and that
of employer's contribution is fixed at 4.75% of wages.
This Act also applies in MADHAV METAL COMPANY
They also contribute towards this scheme.

(c)Gratuity Scheme: The Payment of Gratuity Act was passed

in 1972. Under this Act the gratuity is payable to an
employee on the termination of his employment after he has
rendered continuous service for not less than five years. It is
payable @ 15 days' wages based on the rate of wages last
drawn by the employee for every completed year of service
or part there of in excess of six months. But the amount of
gratuity payable to an employee shall not exceed Rs. 1 Lakh.
The scheme of gratuity is applicable to MADHAV METAL
COMPANY. The gratuity is paid to the employees entitled to
it.
 SOCIAL SECURITY PROVIDED BY
MADHAV METAL COMPANY

Social security is a planned commitment of society to ensure bright

future to newborn generations and active development of present
generations and help them to live in peace.
Social security helps to
maintain high standard of health and amenity. In MADHAV METAL
COMPANY there are several security schemes provided to the
workers for their better future ill health industrial accident, maternity
etc. Working conditions and long welfare programs of the company
comes under ESI & provident fund act and other employee’s welfares
acts. The schemes provided by the company are:

1. Employee’s state Insurance scheme:

First an most important social security scheme provide to the workers

in MADHAV METAL COMPANY . Under this scheme company
provide medical care in kind and cash benefits of maternity,
employment injury and pension & for the dependents on the death of
the worker because of employment injury. Full medical care including
hospital location is also being progressively, made available to the
members of family of insured person.

2. Employee’s provident funds:

Under this scheme according to employee’s provident funds and

miscellaneous provision act1952, retirement benefits are available to
the employees. The employees contribute 6.25 percent of basic pay and
dearness allowance. The employers make a matching contribution.
 3. Death relief:

In MADHAV METAL COMPANY . engineering work .Death relief

fund is also given to the worker. If any worker died in the factory
during his working hour’s company provide financial assistance to the
nominees or dependents of deceased worker.

4. Family Pension:

Under this family pension long-term financial security is provided to

the family member of the worker. Family pension is given to the
worker after his retirement or in case of his death to the other member
of his family. Pension rate depends upon the length of service of the
worker.

5. Gratuity scheme:

This scheme is also applicable to the employees in MADHAV METAL

COMPANY.. Gratuity is given to the employee after his retirement,
leaving the job from the industry.

6. Payment of bonus:

Payment of bonus is given to the workers or employers at the rate of

8.33%. Minimum limit of bonus is 8.33% and maximum limit goes to
20% of wages & salary. Payment of bonus leads to increase the
motivation to employees and workers.
 FINDINGS AND SUGGESTIONS

During survey in the response to my questionnaire by the workers. I

observed that MADHAV METAL COMPANY provide many
welfare facilities and provide labour security to many workers. On the
bases of response, which is given, by the workers, I made clear study
and my study is as follows.

1. Medical facility

35%
Benefit

Non
benefit
Slice 3
65%
Slice 4

Above chart show that 65% respondents are benefited by the medical
facility under employee’s state insurance. Remaining 35% workers
receive only first aid facility at the time of accident during their
employment but company does not provide further expenditure of
private hospitals because 35% workers are not permanent workers and
65% are permanent workers. That is the way, they are receiving
medical facility.
2. Clothing Facility & safety measures

m achine m en all w orkers

100
80
60
40
20
0

Above chart shows clothing facility benefits that 100% respondent.

Management provides three pair of dresses to every worker working in
the factory once in a year and safety measures are provided to 40%
workers who are working at the machines. Safety measures like
goggles, hand gloves hammers caps etc. Are provided to the workers.
3. Conveyance facility

60

50

40
Car facility
30 Van facility

20 bus facility

10

Above chart shows that 20% of managers avail car facility, 25 % of

staff members avail van facility and 55 % workers avail bus facility
provided by the company. Conveyance facility is provided to those
persons in the organization whose houses are situated too far places.
The company free of cost provides this facility.
 4. Housing and education facilities

10%

Benefitted
90% Not benefitted
Slice 3
Slice 4

Only 10% respondents benefited by housing and education facilities.

The efficient and able workers coming from different state may not be
able to pay high retail charges for the houses. To those workers
company provide housing facility at low charges. These charges are
deducted from the salary of workers. Company does not provide any
school facility for the children of workers but pay fees, donation &
provide free books for the study for the children of the employees.
5. Loan and advance facility

(As per workers)

8000
7000
6000
5000 service period
4000
3000
2000
1000
0
2 4 6 8

About chart clearly show that amount of loan is depends upon the
service period of workers and the minimum service period requirement
in MADHAV METAL COMPANY is one year. Above chart
clearly show that for 2 years service the worker can get Rs.2000 loan
from the company and as the service period increases the amount of
loan that he can get also increases. Amount of loan is recovered in
installments by deducting a part from their monthly wages. No interest
is charge by the company for loan and advance.
6. Loan and advance facility
(As per designation)

5%
10%
Machine m e n
Helper
55% inspector
30%
Adm . & Staff

Above chart clearly shows that as per the designation to 55% to

machine man, 30% to helper 10% to inspector & 5% to administration
staff benefited by loan & advance facility. Loan and advance facility
provided to the worker at the time of sickness of his family member,
marriage of his daughter, at time of marriage of his sister and for
settlement of his son.
 SUGGESTIONS

Lots of improvement is required in every sphere of life and there

is no exception to an industrial organization that I have found during
my visit and having close contact with the workers. I have found that
MADHAV METAL COMPANY.. Is a well organized industry and
using effective measures to deal with labour welfare and social
security. However I would like to suggest the following measures:

1. It is suggested that management should take steps to provides neat &

clean working conditions so that it does not cause any bad effect on the
health of the employees.

2. For safety & accident prevention personal factors like

negligence, overconfidence, carelessness, vanity etc and
material factor like unguarded machinery, explosive defective
equipment should be avoided.

3. Employer should avoid harsh attitude with the workers so that

they can cooperate with them.

4. Long overstays should be avoided because long overstays

cause bad effect on the health of employees.
5. Strict attitude of granting leave and holiday’s facility must be
avoided and for genuine reason worker should be allowed to
go on half pay leave, it effective way of dealing.

6. Most of workers do not avail canteen facility. So,

necessary steps should be taken so that canteen
facility should be availed of.

7. Management must attend the suggestion of the

employees.
 BIBLIOGRAPHY

1. Ahuja K.K. Personnel Management

Kalyani Publishers
Edition 1996
2. Davur Rustoms Personnel Management &
Industrial Relations
Vikas Publishing
Edition 1998
3. Flippo E.B. Personnel Management
Tata Mc Graw Hill
Edition 1998
4. Memoria C.B. Personnel Management
Himalaya Publishers
Edition 1998
5. Pandey M. & Rastogi H. Industrial Relations
Manu Enterprises
Edition 1992
6. Singh B.P. Personnel Management
Chabra T.N. Industrial Relations
Taneja P.L. Dhanpati Rai & Co.
Edition 1999
7. Verma M.M. & Personnel Management &
ANALYSIS OF THE QUESTIONNAIRE
(Based upon the data collected from 50 workers)

Q: 1 Are you satisfied with welfare facility at LEADER VALVES

LTD.?
Ans:
No. of workers Response
30 Yes
12 No
8 Can’t Say

Q: 2 Does the extra facility provided by the co. fulfill your

requirement?
Ans:
No. of workers Response
40 Yes
10 No
Nil Can’t Say

Q: 3 Is there any suggestion box in the co.?

Ans:
No. of workers Response
50 Yes
Nil No
Nil Can’t Say

Q: 4 Do you get medical facility?

Ans:
No. of workers Response
35 Yes
13 No
2 Can’t Say

Q: 5 Is the suggestion given by the workers duly attended by the

management?
Ans:
No. of workers Response
23 Yes
20 No
7 Can’t Say

Q: 6 Is there any housing facilities provided by the co.?

Ans:
No. of workers Response
10 Yes
35 No
5 Can’t Say

Q: 7 Is the food provided by the canteen hygienic?

Ans:
No. of workers Response
45 Yes
Nil No
5 Can’t Say
Q: 8 Are the adequate safety measures adopted by the co?
Ans:
No. of workers Response
30 Yes
20 No
Nil Can’t Say

Q: 9 Do you avail the canteen facilities?

Ans:
No. of workers Response
15 Yes
35 No
Nil Can’t Say

Q: 10 Are your dependents get any facility or security?

Ans:
No. of workers Response
30 Yes
20 No
Nil Can’t Say

Q: 11 Does the company provides any education facility?

Ans:
No. of workers Response
 05 Yes
45 No
Nil Can’t Say

Q: 12 Does the company provide any cloth facility.

Ans:
No. of workers Response
50 Yes
Nil No
Nil Can’t Say